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Downies Collectables  |  SKU: AF692

Australia 1930 Penny Fine

$29,500.00 AUD
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3
1
Discontinued

3 left in stock - Ready to order.

Last Chance!

  • The 1930 Penny – undoubtedly Australia's 'King of Coins'.
  • An iconic Australian rarity, born of the Great Depression.
  • Estimated that approximately 1,500 examples exist today.
  • Immensely rare and hotly pursued in any condition.
  • Bears the portrait of King George V on the obverse.
  • Offered in better-than-usually-seen Fine condition!

Known as ‘the coin not meant to be struck’, the 1930 Penny is Australia’s highest profile rarity. It is a coin that represents the pinnacle of Australian numismatics – a peak that many attempt to climb, but only the privileged few can reach. An irresistible opportunity, we are delighted to give you the chance to secure what is rightly known as the ‘King of Australian Coins’!

Eminently historic and unquestionably rare, the 1930 Penny was a product of the Great Depression. The worldwide deflationary spiral saw Australia’s economy shrink, and the Melbourne Mint was not required to strike many coins from 1929 to 1933. No shillings or florins were struck in 1929 and 1930, for example, and no pennies were struck in 1930 – or so it was thought. It is now believed that perhaps 3,000 were produced to test 1930-dated dies.

Having been stored away, these coins are likely to have been dispatched by the Mint with a later penny issue – perhaps in 1931 or 1932 – in fulfillment of a Commonwealth order. As the Commonwealth only ordered these coins because they were required for circulation, it is logical that the 1930 Penny is almost inevitably found in well-worn condition. From a tiny pool of remaining examples – it is believed that no more than 1,500 of this illustrious rarity exist today – the three coins we have in stock are in better-than-usually-seen Fine condition.

Whether you see this coin as the ‘ultimate collector acquisition’, or as a sensible vehicle for portfolio diversification, you must not miss this splendid opportunity to become the proud owner of Australia’s most famous coin. Click add to cart now!

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Downies Collectables

Australia 1930 Penny Fine

$29,500.00 AUD

Known as ‘the coin not meant to be struck’, the 1930 Penny is Australia’s highest profile rarity. It is a coin that represents the pinnacle of Australian numismatics – a peak that many attempt to climb, but only the privileged few can reach. An irresistible opportunity, we are delighted to give you the chance to secure what is rightly known as the ‘King of Australian Coins’!

Eminently historic and unquestionably rare, the 1930 Penny was a product of the Great Depression. The worldwide deflationary spiral saw Australia’s economy shrink, and the Melbourne Mint was not required to strike many coins from 1929 to 1933. No shillings or florins were struck in 1929 and 1930, for example, and no pennies were struck in 1930 – or so it was thought. It is now believed that perhaps 3,000 were produced to test 1930-dated dies.

Having been stored away, these coins are likely to have been dispatched by the Mint with a later penny issue – perhaps in 1931 or 1932 – in fulfillment of a Commonwealth order. As the Commonwealth only ordered these coins because they were required for circulation, it is logical that the 1930 Penny is almost inevitably found in well-worn condition. From a tiny pool of remaining examples – it is believed that no more than 1,500 of this illustrious rarity exist today – the three coins we have in stock are in better-than-usually-seen Fine condition.

Whether you see this coin as the ‘ultimate collector acquisition’, or as a sensible vehicle for portfolio diversification, you must not miss this splendid opportunity to become the proud owner of Australia’s most famous coin. Click add to cart now!

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